Stocks spent most of the day in the red, but the Dow managed to log a small gain by the closing bell. Manufactured Housing stocks, however saw no such turn-a-round and lost much of what they gained Wednesday. The Yahoo Finance Manufactured Housing Composite Value closed down 2.4 percent.
Stocks losing ground Thursday included Allied Managers Group, down $1.32 (1.18 percent) to $110.96; Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway down $285.00 (.23 percent) to $122,490; Cavco Industries, down .42 cents (.91 percent) to $45.79; Equity Lifestyle Properties, down .06 cents (.09 percent) to $68.45; Louisiana-Pacific Corp., down .17 cents (1.75 percent) to $9.57; Nobility Homes, down .78 cents (9.43 percent making it the day’s biggest decliner) to $7.49; Patrick Industries, down .57 cents (4.80 percent) to $11.31 ; Skyline Corp., down .05 cents (.66 percent) to $7.49; Sun Communities, down .02 cents (.05 percent) to $43.14; Third Avenue Value Fund, down .19 cents (.41 percent) to $46.15; UMH Properties, down .05 cents (.45 percent) to $11.03 and Walker & Dunlop, down .22 cents (1.75 percent) to $11.03.
Those gaining Thursday include Drew Industries, up .08 cents (.29 percent) to $27.35 and Universal Forest Products, up .24 cents (.69 percent) to $35.19.
Not gaining or losing ground Thursday were Champion, Deer Valley, Liberty and Palm Harbor Homes.
(Image Credit: Eric Miller)